Pepper, Liberty, La Trobe, FirstMac, Resimac, AFG Home Loans, RedZed - the whole spread of non-banks – are all APRA regulated now, at least when it comes to macroprudential policy and the use of more handbrakes on questionable residential lending.One vital, if final, detail in a long list of measures set out by the Australian Prudential Regulation Authority on Friday is directed at making a gutsy and vibrant non-bank mortgage funding sector conform to restraints equivalent to those imposed on authorised deposit-taking institutions.ADIs funding "warehouses" (licks of wholesale lending to non-banks to sustain new business) must "ensure that the lenders' mortgage lending standards are consistent with industry-wide sound practices," APRA decreed on Friday. read more

Weeks of guesswork ended on Friday, with APRA dictating a long list of new macroprudential policy measures.The professional worrywarts at the Australian Prudential Regulation Authority did not mess around in stating their rationale, citing "the resilience of lenders, as well as on the household sector more broadly."APRA's worries are decidedly too-faced, with its chief Wayne Byres writing of the imperative of assuring the credit flow for "the increasing supply of newly completed construction which must be absorbed in the year ahead." APRA's other aims all pull the other way, choking growth in credit supply by demanding ever more sober assessment by lenders. read more

There is more to the housing market in Australia than just Sydney and Melbourne, and action in regional markets will keep today's figures in shape for 2017 – expect more regulation, says a new Deloitte report. read more

During the second half of a panel discussion on "Competition in financial services" at ASIC's annual forum yesterday, the tone turned decidedly Shakespearean when Wayne Byres, chairman of the Australian Prudential Regulation Authority, said he refused to use a certain B-word. read more